Bond Sale Unimpressive 

The government sold only 8.2 trillion rials ($26.4 million) in the ninth bond auction held by the Central Bank of Iran on Tuesday. 
This was the lowest sale of debt securities by the government since bond auctions started in May. The government made an average of 25 trillion rials ($80.6m) in bonds in eight auctions, according to data released by the Economy Ministry.  
Bond auctions are held to help raise funds for the government’s ballooning budget deficits. The main buyers of debt are banks, non-bank credit institutions, investment funds and institutional investors in the stock market. The CBI holds the auctions on behalf of the Economy Ministry.